March 2021 EPC budget report: PMA support continues above projection

 

Contributions to Per Member Asking (PMA) received by the Office of the General Assembly in fiscal year 2021 (FY21) through March 31 total $1,810,425. March PMA support was $400,603.

The total is $261,927 (16.9 percent) more than the $1,548,498 FY21 PMA support projection to fund the EPC’s Collaborative Ministries, Connectional Support, and Custodial Operations.

PMA support at the three-quarter mark of FY21 (which runs from July 1, 2020, to June 30, 2021) is $51,856 (2.8 percent) behind the $1,862,281 contributed over the same period in FY20, and only 3 percent lower than the original FY21 PMA projection—which was later reduced by 17 percent and approved by the 40th General Assembly in September 2020 as the “Bare Bones Plus budget.”

“I think I’ve said this every month now, but I am very thankful for the PMA support that our churches provide,” said Jeff Jeremiah, EPC Stated Clerk. “I am especially grateful that God has blessed our churches in such a way that they can continue to contribute so generously to the EPC over the past year.”

Of the $1,810,425 received, $362,085 (20 percent) was contributed to EPC World Outreach.

In addition to PMA contributions, $4,195,783 in designated gifts were received through March 31. This total was $272,555 (6.5 percent) lower than the $4,468,338 in designated gifts received in the same period in FY20. Jeremiah noted that the difference can be attributed to more than $350,000 in donations to the Emergency Relief Fund in fall 2019 following Hurricane Dorian, and a December 2019 gift of $250,000 for church planting.

“Giving to specific projects outside of those two funds is up more than $360,000 this year over the previous year,” Jeremiah said. “I am grateful for this level of generosity in such extraordinary times.”

Designated gifts include support for World Outreach global workers and projects, and contributions to EPC Special Projects such as Emergency Relief, church planting and revitalization initiatives, and the EPC’s Thanksgiving and Christmas offerings.

Of the total, $4,088,595 was designated for World Outreach workers and projects, and $107,188 was designated for EPC projects. These amounts only reflect gifts received and distributed by the Office of the General Assembly, and do not reflect donations given directly to WO global workers or other projects.

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EPConnection is the news and information service of the Evangelical Presbyterian Church, a denomination of Presbyterian, Reformed, Evangelical, and Missional congregations. To the glory of God, the EPC family aspires to be a global movement of congregations engaged together in God’s mission through transformation, multiplication, and effective biblical leadership, embodying Jesus’ love to our neighbors near and far.